Adidas Hikes Profit Forecast As Contains US Tariff Impact
German sportswear giant Adidas on Tuesday raised its 2025 earnings forecast after posting record third-quarter sales and saying it had limited the impact from US tariffs.
The maker of the popular Samba and Gazelle trainers now expects an operating profit of around two billion euros ($2.3 billion) this year, up from its previous forecast of 1.7 to 1.8 billion euros.
"The improved profitability outlook reflects continued brand momentum, the better-than-expected business performance as well as the company's successful efforts to partly mitigate........





















Toi Staff
Gideon Levy
Tarik Cyril Amar
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